Series: IMF Working Papers
Author(s): Nombulelo Duma
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2011
Keywords: seigniorage, foreign currency, monetary policy, inflation, macroeconomic stability, Central Banking, And The Supply Of Money And Credit,
Over the past decade, Cambodia has become Asia's most dollarized economy. In contrast, dollarization in neighboring Lao P.D.R., Mongolia, and Vietnam has been either declining or broadly stable. Somewhat paradoxica...